Plan Snapshot
- Plan Sponsor: Truebinding, INC.
- Sponsor EIN: 475573420
- Sponsor Address: 4701 PATRICK HENRY DR. BLDG. 21, SANTA CLARA, CA, 95054
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 63
- Total Assets: $4.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 63 | $4.0M | $0 | $0 |
| 2024 | 26 | $3.6M | $0 | $332,169 |
| 2023 | 38 | $3.0M | $0 | $626,283 |
| 2022 | 108 | $2.5M | $0 | $1.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| HUMAN INTEREST ADVISOR LLC | Recordkeeper | $6,350 | — | $6,350 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,350
- Estimated Expense Ratio: 0.159% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $550,297 | $6,351 | — | — | — |
| 2024 | $1,594 | $1,594 | — | — | — |
| 2023 | $2,722 | $2,722 | — | — | — |
| 2022 | $182,396 | — | — | — | — |